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Goldman Sachs reckons that stocks in China would surge substantially at the end of the year on an improving economy. Goldman Sachs (NYSE: GS) analysts believe that stocks in China could surge as high as 24% by the end of the year. According to the banking giant’s strategists, this 24% upside could
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Bank of America, Goldman Sachs, JPMorgan, and UBS have shared their predictions about the Federal Reserve raising interest rates further. Bank of America and Goldman Sachs, for example, now expect the Fed to raise interest rates three more times this year. Major Banks Predict More Fed Rate Hikes As the U.S. Federal
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Goldman Sachs has ranked bitcoin the best-performing asset so far this year. The cryptocurrency also tops the global investment bank’s list as the asset with the highest risk-adjusted return — above gold, real estate, the S&P 500, and the Nasdaq 100. Bitcoin Outshines Other Investments on Goldman’s Chart Global investment bank Goldman
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Ahead of Gold, US Treasury, the S&P 500, and others, banking giant Goldman Sachs ranks Bitcoin (BTC) in the top 1 best-performing asset year-to-date, per a Twitter user. According to Goldman Sachs, Bitcoin has outperformed its cryptocurrency pairs and those major financial institutions of the traditional market with a risk-adjusted return
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According to Goldman’s 2023 macroeconomic, the recession in the UK will come close to the crunch in sanctioned Russia. Goldman Sachs (NYSE: GS) economists recently predicted that in 2023, the economic recession in the UK could hit as badly as Russia’s. In its macro-outlook for this year, Goldman touched on how the sharp decline in British
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Having taken a prolonged beating, Tesla stock stokes fresh concern as Goldman cuts price target and Twitter worries alienate investors.Tesla Inc (NASDAQ: TSLA) stock recently fell after Goldman Sachs cut its price target from $305 to $235. However, the banking giant maintained its Buy rating on the electric vehicle maker’s stock due to
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A research note from Goldman Sachs published on Monday has painted a bull case for gold over the price of bitcoin. The bank’s research note comes at a time when the entirety of the crypto market is facing adversity and the price of bitcoin is down more than 70% from
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The cryptocurrency’s adoption has been boosted by easy financial conditions, the bank said, with some investors more willing to “explore low liquidity, high risk/return options like bitcoin.” With tighter financial conditions expected moving forward, speculative interest in bitcoin is likely to decline. Original Source
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Top Stories This Week 7 class action lawsuits have been filed against SBF so far, records show Former FTX CEO Sam Bankman-Fried has been named in seven class action lawsuits filed since the fall of his crypto empire. These lawsuits,
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